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Businesses For Sale   >>   Mexico Businesses For Sale

Under Construction Hotel On The Island For Sale

Location  Mexico
Asking Price Range  > $35.0M
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2014
Number of Employees  20 - 34
Relocatable  Not Disclosed
Number of Employees  20 - 34
Real Estate  Owned

Description  
Under construction hotel on the island of Isla Mujeres. Among all the Islands of the Caribbean deserves special attention Isla mujeres or island of women. Its original name was because of the numerous ceramic figures of women who have stayed here since the days of the Mayan civilization. Isla mujeres is one of the most popular resorts of the Caribbean sea, is located 13 km North-East from Cancun, here are some of the best beaches in the world - hundreds of tourists have already seen this, and want to come here again and again to soak up the soft white Sands and swim in the clear waters. It is hard to imagine, but on the island area is slightly less than 16 square miles there is a real tropical jungle, modern hotel complexes, and a huge number of ancient architectural sights. The hotel is built around 85 % and will be completed in 7 months, since the start financing new investor. The hotel has 84 suites, 4 restaurants, 4 swimming pools, conference hall for 800 people. The price of the hotel includes a land plot with an estimated $13,000,000 - $8,000,000 to repay the loan in the Bank Bancomex. The present owner has over thirty years of experience in the tourism industry, including the Sheraton. Representatives Marriott, AM Resorts and Hilton visited the hotel and expressed interest in its management at the end of construction. A very popular place to find here a free land plot is difficult. The hotel occupancy rate is forecasted at the level of 75% for 10 months of the year. For the prospective acquisition of 99 % stake (1% reserves the present owner) the cost of the hotel will make $84,000,000. A minority package of shares, in the amount of 30 % will cost $26,000,000. Additional information is available on the fact of signing an NDA. Contact for more information on this under contraction hotel on the island for sale.


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